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Sep 25, 2012 6:00am EDT
.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ weighing the global economy down. at the center of them clearly we see uncertainty. you were certainty about what policymakers can and will deliver on their promises. and this is having not tangible but real effects. increasing divergence much economic fortunes and a tepid recovery. >> that's christine lagarde urging european leaders to take action and deliver on promises before the debt crisis deepens. mark grant of southwest securities joins us on set this morning. and mark, you have been someone who has kept us up to speed on a lot of things behind the scenes in europe. you're just back from china. so why don't we start off with what christine lagarde is talking about right now. >> well, you're seeing a huge slowdown, the exports from china, the export there is japan to europe are almost -- you're seeing europe in an absolute recession p c recession. china is slowing down hugely. i project a 4% growth rate
Sep 25, 2012 1:00pm EDT
positive around 12:30, trace the movement that we saw in crude oil prices. if you look at the energy sector, you can actually see that leg down, nearly matching the percentage-wise drop in wti crude oil right now. we began to recover just a little bit but not surprisingly, oil stocks among the worst performers at this point in the trading day. nei nay bores. the case-shiller home price index. look at these numbers, carnival, lowe's, home depot higher in that group. if the dow closes lower today, simon, i will note it could be for the third straight session, the fifth of eight sessions since qe 3's unveiling you. trade verse said that these rallies have faded faster and fast we are each of the stimulus bus that's really fast. simon? >> let's dive into that now. thank you very much for that. kenny polcari joins me from i cap. you are taking your head there. >> if market closed down what are we talking about, down a quarter percent is not closing down s it negative? of course it is negative but wouldn't look for anyone to get nervous the market seems to be churning this 1450 level trying to bu
Sep 25, 2012 9:00am EDT
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Search Results 0 to 2 of about 3